Topics
Employment Rate
The employment rate is also known as the employment-to-population ratio – it measures the number of people of working age in the population who are employed. For the UK, the employment rate is the proportion of people aged between 16 and 64 years who are in paid work.
According to the OECD, employment rates are sensitive to the economic cycle, but in the longer term they are affected by governments' higher education and income support policies and by policies that facilitate employment of women and disadvantaged groups.
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Update on the UK Economy - October 2022
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